Welcome to this two-part series on Harmonics! In this first instalment, we'll delve into the foundational concept of the Measured Move using the ABCD pattern. Understanding this essential structure lays the groundwork for precise trading decisions based on harmonic principles. Introducing the ABCD Pattern Price action in any market and on all timeframes tends...
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
Me Going Over My 2week Lossing strike. 5Wins 14 Losses But Only Lossing 2% Of The Profits On My 400k Funded Challenge.
Market structure is one of the most important thing one can learn in trading. If you are day trading or investing staying on right side of the market is very important. Market structure help to identify the right side of the market. Lets say market is making HH (Higher high) and HL (higher low) that's bullish market structure. Meaning buyers are in control and...
Hello TradingView Family, Lately, I've been contemplating the fascinating parallels between trading and running a business. 🤔 It's intriguing how both these worlds share common ground, and I wanted to share my thoughts with you. 📜 Trading Plan as the Blueprint: In the business of trading, a well-crafted trading plan serves as the blueprint for success. Just as...
Doubt is danger. It’s a big enemy for trading. And it’s something that is innate, which is hard to escape from. It leads to you to miss opportunities, destroys confidence, clouds judgement and keeps you stuck in a rut. When you are infected with doubt, this can infiltrate even the most experienced traders. This article delves into the various dangers of...
A flag pattern is a technical analysis chart pattern that can be observed in the price charts of financial assets, such as stocks, currencies, or commodities. It is considered a continuation pattern, indicating that the prevailing trend is likely to continue after a brief consolidation or pause. The flag pattern is formed by two main components: Flagpole : The...
Building upon the foundational understanding of Fibonacci retracements and extensions explored in Part 1 (Fibonacci: The Fundamentals), this sequel ventures into the world of advanced Fibonacci patterns. We introduce the two best known advanced Fibonacci patterns; the Gartley and Cypher. We break the patterns down into their essential components, teach you how...
It's not a simple question and REALLY matters ALL of the time, so, finding a simple answer is a neat tool to have in the snuff-toolbox.. Here's the quickest, easiest down-n-dirry method for getting closer to an answer. If you look at the ranging areas of the chart. The in-between, sideways, messy, wish-it-didn't-exist areas and draw a rough shape tracing the...
One of the most challenging & frustrating tasks for a trader, is to define with a rules-based (systematic) methodology, and identify (on a real-time basis), when a market is in a trading range. Using the MACD-v both of these goals are achieved. The market is defined as being as "Ranging" (one of the Core 7 Range Rules/States) when the MACD-v is between the -50...
One of the most challenging & frustrating tasks for a trader, is to define with a rules-based (systematic) methodology and identify on a real-time basis, when the market is in a trading range. Using the MACD-v both of these goals are achieved. The market is defined as being as "Ranging" (one of the Core 7 Range Rules/States) when the MACD-v is between the -50...
🔍 Understanding Fake Breakouts: 🔸Spotting the Fake Breakout: In the chart, as highlighted, a green candle indicates a reversal above a certain level, signifying a fake breakout. This is where the market seems to break a support or resistance level but quickly reverses direction, invalidating the breakout. 🔸Qualities of the Confirming Candle: The candle that...
Yesterday I wrote about a beautiful chart pattern that was forming on the Bitcoin daily time frame that ended up failing not long after I wrote the post. That kind of thing will shake a trader to their core, especially if they thought it was going to play out, but ended up losing their shirt. This is why it is important to set stop losses, so that if the trade...
Me Going Over Gold A Pair I Dont Trade But Wanted To Show You That You Can Do This On Any Pair You Trade.
this video provides a tutorial on reading volume and having a chart setup
Following stocks have been discussed in the video 1. HG Infra 2. NFL 3. SPIC Accumulation - Is always found on downside and any breakout may give 8-14% returns in short trade Distribution - Is always found on top from where the price may reverse to downside This video is made only for educational purpose. Do your own study before taking any trades.
Triangle chart patterns offer valuable insights into market dynamics, symbolizing a clash between buyers and sellers within a contracting price range. These patterns are often classified as continuation or neutral patterns, suggesting that the price is likely to persist in its existing trend after the pattern concludes. 1. Symmetrical Triangle: A ...
Hey traders, In this post, I will share with you my strategy to apply a trailing stop. Please, note that I am applying a trailing stop only in trend-following trades and only when a trade is opened on a key level. I trade price action patterns, so the following technique will be appropriate primarily for price action traders. Moreover, my entries are...